901 E 162nd Street

901 E 162nd Street, South Holland, IL 60473

  • For Sale $775,000
  • Property Type Retail - Street Retail
  • Property Size 4,224 SF
  • Year Built 2019
  • Date Updated Apr 16, 2024
162nd Street (Route 6) frontage location, less than a mile west of I-94 interchange.LM Commercial Real Estate, on behalf of ownership, is pleased to offer the 4,224-square-foot retail shell building at 901 E. 162nd Street, South Holland, IL for sale. The building shell was constructed in 2019 and is adjacent to Anytime Fitness, offering superior visibility at the intersection of 162nd St. (Route 6) and Drexel Avenue. Traffic counts traveling east/west on 162nd average 33,700 vehicles per day. Suitable for an owner-user or an investor, the building can be used as either one 4,224 square foot space, two spaces of 1,308 and 2,628 square feet, or three spaces of 1,308 square feet each. The General Business zoning allows for retail, restaurant, service, office, and storage uses. Ample parking area is available in front of the property and additional parking could be added to the rear. This offering provides a unique opportunity to acquire a newly constructed commercial property along South Holland’s major retail corridor.Newly constructed in 2019, this retail property is adjacent to Anytime Fitness and offers superior visibility at the intersection of 162nd (Route 6) and Drexel Avenue. Traffic counts travelling east/west on 162nd average 33,700 vehicles per day. The vacant building offers a flexible floor plan and can be used as either one space of 4,224 square feet, two spaces of 1,308 and 2,628 square feet, or three spaces of 1,308 square feet each. The General Business zoning allows for retail, restaurant, service, office, and storage uses. Ample parking area is available in front of the property and in the shared lot with Anytime Fitness.

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Attachments

Highlights

  • New construction 2019 - building is in shell condition.
  • 162nd Street (Route 6) frontage location – Prime exposure to more than 33,700 cars per day
  • Strong retail synergy adjacent to Anytime Fitness
  • Additional parking could be installed in the rear of the building.
  • Strong demographics – Average household income over $80,000 within one mile of site
  • Investors can lease building to 1-3 tenants to provide investment cash flow.
  • Ideal owner/user property
  • Less than a mile west of I-94.

Contacts

broker

Martha Winter

Lagestee-Mulder

(224) 523-9174

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • City South Holland, IL
  • Neighborhood South Holland
  • Zip Code 60473
  • Market Chicago

Points of Interest

  • Harvey

    2.53 miles

  • 147th Street (Sibley Boulevard)

    2.59 miles

  • Ivanhoe

    2.87 miles

  • Riverdale

    3.43 miles

  • Hazel Crest

    3.55 miles

  • Calumet

    3.96 miles

  • Hegewisch

    4.14 miles

  • Homewood

    4.59 miles

  • State Street

    5.26 miles

  • Stewart Ridge

    5.41 miles

  • BP

    0.10 miles

  • Thorntons

    0.36 miles

  • Marathon

    0.36 miles

  • Love's

    0.83 miles

  • Citgo

    0.99 miles

  • Shell

    1.00 miles

  • Mobil

    1.13 miles

  • Mobil

    1.45 miles

  • Food 4 Less

    1.54 miles

  • Circle K

    1.54 miles

  • Rest Area I-80 (West Bound)

    1.49 miles

  • Rest Area I-80 (East Bound)

    1.58 miles

  • Pace Harvey Park & Ride

    2.59 miles

  • Pace Homewood Park & Ride

    3.25 miles

  • Hegewisch Accessible Parking

    4.14 miles

  • Hegewisch NICTD #1

    4.16 miles

  • Hegewisch Park & Ride

    4.22 miles

  • Auto Warehousing Company

    4.82 miles

  • Strip Mall Parking Lot

    5.42 miles

  • U-Pull-It Salvage Yard

    6.40 miles

  • McDonald's

    0.08 miles

  • Checkers

    0.12 miles

  • Shark's Fish & Chicken

    0.14 miles

  • Popeyes

    0.16 miles

  • Little Caesars

    0.17 miles

  • Subway

    0.25 miles

  • Chipotle

    0.35 miles

  • Dunkin'

    0.48 miles

  • Pizza Hut Delivery

    0.52 miles

  • Burger King

    0.62 miles

  • Jewel-Osco

    0.15 miles

  • ALDI

    0.26 miles

  • Fairway Finer Foods

    0.91 miles

  • Walt's Food Center

    1.06 miles

  • Big Lots

    1.67 miles

  • Marshalls

    1.75 miles

  • ALDI

    1.95 miles

  • Pete's Fresh Market

    2.01 miles

  • JCPenney

    2.02 miles

  • Macy's

    2.05 miles

Frequently Asked Questions

What is the lease rate for 901 E 162nd Street?

Rental asking rate at 901 E 162nd Street is $387,500.00/YR.

What is the total square footage of 901 E 162nd Street?

901 E 162nd Street totals 4,224 square feet.

When was this property built?

901 E 162nd Street was built in 2019.

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Contact Listing Broker

broker

Martha Winter

Lagestee-Mulder

(224) 523-9174